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<br /> S. lUaaird ap R+n{wt7 �muana. Borrnrrar d�ll !wp tb�'imptoY�enwie� adw�a�i�tiM �x h�wRrr wropd aa 1W '
<br /> Prnpetly Inwray�inu tca�by Oro�tu�a�+d�i�clud�d wlthln tb�taat 'sulaid�d aov�e"�nd�ey odwr I�+dr.�ludiiK
<br /> flaod�or ftaodin�.for whlch LentMr n�uira Inwnno�. Thb it�ur�noe�hdl b�m�lrNSimd In tM�amo�na rrd t'or dr pwbdi ..
<br /> tlw I.aid�r roqulra.'t'Iw Inwrmoe carriar pro��idiai t1N Imuw�a�1w4 be cUaMn by Bonorwr�ubJ� to•l.e�+d�+r.'��'�I
<br /> which�tall not be unrawnrbly withtw,9d. It Bairower hllr to mdMain oav��dMCdbd�bave� l.qtder aMy. �A 1�ndtP�
<br /> oqian,abtrin coven�e to protocl L.a�der'�d�htr In tha Propany in�+ad��c+e whh puyaph 9.
<br /> �u In,u�anoo p�licla�.na nnewal�.frN bo�oceptablo to l.ende�.�a�q�.b�ll t�rluda.Wmd.ne manpq�e c1.u.e, Leaaer
<br /> �hall h�ve the�l�ht to hold tIM►policia�nd n��ew�b. Df I.�aider�equirei�'Barmw�rball pnuatptly jive to lreudK dl rooelptt at
<br /> ---- 4— p.i�i promiumr rml renew�l iwtfow.In�i�event�i Ic+�r�6a�wer W�11 Rive proaipt nallotr tn 1{w fiuura�co carrler and l.eader.
<br /> La�der nwy m�ke proof of low if not m�de Promp11Y by Hormwar.
<br /> Unleu l..a�de�Nnd Bomnwar othe�wi�o�roe M writln�.lnwranoe pnooeeds�thall be applied w r�atontian ar nepdr of the
<br /> Propeity d�m��ed�it the rataratlon ar t�epai�is aconomically fasi6le�nd I.ader'��ewdty i�aot le�ened.If the�toratbn or
<br /> npwi�i�not oconomicxlly fe+uible or Cender'r aaurity would bo leacnod.the inwr�noe proceedi�hal)be�ppliod to tho aunu
<br /> � seru�+ed by thia Sacudty in�tnimet�t.wtiether or not �hen duo.wi�h rny wccxw pwid to Honovvu. ii Bc�rn,w�r rUWalunr i�a
<br /> Propeny,or does not a���wer wl�hin 30 dayo a notke from Lender th�t the inzurance carrier haa of�ared co catlo a cl�im, Ihen
<br /> I�eader may a�llect the inwrance procada. Lender m�y u�e the proceod� w rqwir or nawre the Propaty or w pay s�um
<br /> �oa�rod by thic Securiry lnspument.whether or na thea due.Tlie 30�day period wili begin when the notice i�glven.
<br /> Ualess Laider�nd Borrower otherwiac�roe in writin�� anY �ppli�tion aP pr000eda w pdncipal �11 not extend or�
<br /> postpone the duo datc of tho monlhlY paYments nfernd to in par�graphs 1 �od 2 �r ctianyo tho aaiaw�t of Ihe p�ymp►ts. If ,
<br /> un�kr puagraph 21 the P�aperty is�oquirod by I.ender,Horrower's d�ht w any insurance polkies�nd pn000ecl�rewidng irom
<br /> damw�e to the PropcnY Priar ta tho�cquisitiou sh�d p�es tn I.ender w the catent of�de sums sxuood by this Soauity last�umait
<br /> _ i�runodiatcly prior w the acquisitlon.
<br /> 6.OocupAacy,Yt+eserv�tion,Moioteosmoe�od Pnutecdon of the Pruperty,Bor�+awer's Lo�n Appikat{oa;l.e�ebnld�.
<br />..�:a Borrower ahall occupy,estrblish.and usn the Proyerty es Bo�rower's principAl�esidence wlthin sixty days afler the exxutbn of
<br /> this Secudty Instrument a�d ahall rnntinue to c�c�vpy Ihe Property as Borrower's princip�l reaidence for at leact one year after
<br /> �.�� the date of occupancy,unless I.ender otlurwise agrees in writing, which consent shall not be unm,asonably wlthheld.ar unlesa
<br /> - extenuating circumsta�wes exist which are bevad Borrower's control. Borrower shall not destroy. damege or impair the
<br />.� Property. allow the Property to deterioratc, or oanrnit weste on the Property. Borrower ahall be in default if any farfeiture
<br /> action or procoeding,whether civil or criminal. ie begun that in Lender's good faith judgment rnuld nesult in fort'eiturc of the
<br /> Property or otherwise materially irnpair the lien crwted by this Secudry Insuument or L,cnder's security intercst.Harrowor may
<br /> = cure such a default and reinstate,as provided in paragraph 18.by causing the action or pruceoding to be dismissai with a ruling
<br /> ���' tiwt. in L.ender's good�faith determit�.lt�on, pmcludes forfeitu�t of the Borrower's interest in the Fnlperty or other nwteriAl
<br /> `y'��""— impairment of the lien created by tbis Securiry instrument or I.ender's ser:urity intemst. Horrower shaii �iso be in deiauit ii
<br /> �::;��'�� Borrower,during the loan application proccss,guve materi�lly false or inaccurate infornwtion or stntementa w Lender(ar fuilEd
<br /> to ptovlde Lender wf�h any material information)In c:onnoction with the lann evidenced by the Note. including,bwt iwt limited
<br />_=-�� to,'representatlons conceming Barrower's occupancy� of the Prnperty as a principal residence. If this Security instrument is on a
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<br />� leasehold. Borrower shall comply with all ihe provisions of the lease. If Borrower acquires fe� title to the Property. the
<br />_ le�sehold and the fec tide shall not merge unless l.ender ugrees to�he merger iu writing.
<br />- 7.Protoction ot I.ender's Righta in tt�e Property.If Borrower fails to perforn�the wvenents und agreements contalned in
<br /> . this Security Instrument, or there is a legul proce�ding that muy signific�ndy affect Lender's rights in the Property (such as a
<br /> _ ,;,f,,4�.;,, proceeding in bankruptcy, probate, for condemnation or forfeiture or to enforce laws or regulations), then Lender mey do end
<br />_— ��iks',,;:*;• pay for whatever is necessary to protect the velu¢of�he Property nnd I.ender's rights in the Prnperty. L.ender's actions may
<br /> ' �'•����*°�• . ,, include paying any sums secured by a lien which hati priority over this Security Instrument, appesiring in murt, paying
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<br />_ �. , ��.,�,� �~� maronable Auorncys' fees and entcring on the Praperty to make repai�. A1thaugh Lender may take action under this paragraph
<br />";'�� ` �`�% 7,Lender does nat hs�ve to dn so.
<br />- ��� '^s���j;�'4�;' . ' Any amounts disbursad by L.ender under this parngruph 7 shall become additi�nal debt of Banawer isecured by this
<br /> •'��''"'`''+'`} ' ' Securiry Instrument. Unless Borrowcr und Y..enderagree ta ather trnns of paymcm, thc�e amounts shall t�ear interest from the
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<br /> .w:�u'�'�';���Y�.,�•.,:;�.� dnte of disbursement at the Note rate und shull be pay�ble, wlth interest, upnn notice from I.ender to Borrower requesting
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<br /> ��.::`'.'',;�•.'. .. . .:�; payment.
<br /> � ,��t.:,� � . -; S.Mortgage lagurance.If Lencler reyuirccf nM�rtguge inwrunre u+u amdition��f making Ihe l��an secured by this Security
<br /> �,;. > y��;'l��lj�,,��rl�,�:��,� Instrument, Borrower shall pay the premiums required u�maimuin thc mongagc insurance in effect. If, for nny reason, the
<br /> ��•°��,•�, �� • martgage insurance cuver�ge required by lxndcr luptic,u�rc:�ses ai t►e in effert. Barmwer 5hu11 puy the prcmiums required to
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<br /> �.�. .,1• 1'•.• � obtnin coverage suhslantiully equivalent ��� the mnngage inwrance prc��iou.ly in effect, ut a rost suhstantially equivulent to the
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<br /> ,�';. , � '•r .i•,, cost to Borrower of the mongage insurunre previously in cffcct, froir� un ;dtcrnutc nwn�ugc in�urer appTrned by Lendcr, lf
<br /> - i'�". I• "' ' �° substantially equivulent mungoge in.urancr rovcr,qtc i.n�H availublc, Borr��wcr,hull pay t��Lcndcr carh month n sum eyuul w
<br /> . . . , ane-twclfth of the yearly mongi�gc inwr�nrc premium heing p�id by B��rrnwcr whcn thr inwrancc mvcru�e lapsed or ce:ued to
<br /> ' , �� be in effect. Ixnder wil!accept, u�e nnd ntuin th��e pa�•mem.a� o I��xs reurve in licu of murtgage insuranre. Loss reserve -
<br /> - , Form 3028 9I90
<br /> Pogo�o�B
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